Royce Focus Trust Declares Fourth Quarter Dividend
On 6.00% Cumulative Preferred Stock
Royce Associates, Inc.



New York, November 23, 2007 -- Royce Focus Trust, Inc. has declared a cash dividend of $0.375 per share on its Cumulative Preferred Stock, based on an annual rate of 6.00% of the initial liquidation preference of $25.00 per share. The dividend is to be paid on December 24, 2007 to stockholders of record at the close of business on December 6, 2007 (ex-dividend December 4, 2007).

The Preferred Stock, which trades on the New York Stock Exchange under the symbol "RFO.pra", is rated 'aaa' by Moody’s and has an annual dividend rate of $1.50 per share.

For Federal income tax purposes, approximately 80% of the 2007 distributions will be taxable at long-term capital gains rates (including qualified dividend income), 2% will reported as net short-term capital gains and 18% will be reported as ordinary income. Treatment of a portion of the dividends as long-term capital gains has the effect of providing individual preferred stockholders with a higher ordinary income tax-equivalent yield.

Royce Focus Trust, Inc. is a closed-end diversified management investment company whose shares of Common Stock are listed and traded on the Nasdaq National Market (Nasdaq - FUND) and whose shares of Preferred Stock are listed and traded on the New York Stock Exchange (RFO.pra). The Fund's investment goal is long-term capital growth, which it seeks by normally investing at least 65% of its assets in equity securities.



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